Huawei Aims to Sell the Nuts and Bolts of Global Cloud Computing
- Chinese company aims for a $10 billion business by 2020
- No plans to become a cloud provider like Alibaba, Amazon
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Huawei Technologies Co. intends to become a major provider of gear and software to global cloud computing providers, aiming for a $10 billion business by 2020.
The Chinese company will keep investing in the cloud, its fastest-growing business, as it seeks to supply chips, servers and other equipment to a booming market, said Ken Hu, the rotating chief executive overseeing the fledgling division.